Recent oil price drops could halt drilling in several North Dakota counties and force the state to reevaluate its budget, the state's top oil regulator said Wednesday. North Dakota oil prices have been …

E&Ps Locking in Cash Flows and Sales Prices OPEC’s agreement to cut production levels has kicked off a rush among shale oil companies to hedge their oil price risk above $50 for 2017 and 2018. The number of E&Ps selling oil for delivery next year has pushed the WTI forward curve into slight backwardation after two years of contango. Compare[Read More…]